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20121231
20121231
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Search Results 0 to 49 of about 61 (some duplicates have been removed)
MSNBC
Dec 31, 2012 12:00pm PST
have any idea what the house republican caucus is going to o do? >> they scuttled john boehner's plan. will they accept a deal for $400,000 for single people and $450,000 for couples? >> it is extremely difficult to do that. i talked to a couple of aides shortly after obama spoke and they actually were angry at the way the president presented the way things are coming. they actually thought that he was sort of sabotaging the thing by the gleeful almost presentation he gave with the applause when he talked about congress and the laughter. so it's going to be really hard for them to suck it up and i don't think that made it any easier. >> well, i have a little bit of a philosophical question for you, michael. the thought occurs to me that this is why we can't have nice things. we had the debt ceiling showdown. even before that, we had multiple threats of government shutdown over things like funding of planned parenthood and even if we get through this with a deal, we may have another debt ceiling showdown. are we at the point in history where we cannot get anything done and nothing will
ABC
Dec 31, 2012 6:00pm EST
this and it is closing in on a compromise. john boehner telling members stay close in case the house has time to vote before midnight. a lot of back-and-forth all day. the back-and-forth battle began early on new year's eve. members on both sides urged party leaders not to cave. >> no deal is better than a bad deal. >> i think he is held and on raising taxes. -- hell bent on raising taxes. >> word was spreading on capitol hill of a possible compromise. but the president went to the podium warning republicans he would not go any further with more spending cuts without more tax have to be a matter of shared sacrifice. at least as long as i am president. i am going to be present for the next four years. >> that left some curious republicans grumbling that the president wanted to kill the deal. the president had every right to criticize congress. >> the present is an absolute right to make sure he keeps us focused on getting this done. >> mcconnell was still urging fellow republicans to stand down and move forward in order to beat the midnight deadline. >> we can do this. we must d
CNN
Dec 31, 2012 4:00am PST
mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to reduce social security cost of living increases. >> i was really gratified to hear republicans had taken the demand for social security benefits off the table. truth is, they never should have been on the table to begin with there is still significant distance between the two sides, but negotiations continue. >> the consequences of this are too high for the american people to be engaged in a political messaging campaign. i'm interested in getting a result here. >> they have all been politically messaging, not sure why they are being critical of it now. thousands of there's of your take h
CBS
Dec 31, 2012 6:00pm EST
john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver potentially for a deal like 24 with no spending cuts to pass it there tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd you're saying as we sit here this evening, we're hearing there may be a senate vote tonight the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families dividends would go up, the estate tax part of it. what is important is the one year extension on unemployment benefits. there are 2 million people set to lose their benefits, so that is all in there. everybody must keep in mind that no ma
MSNBC
Dec 31, 2012 2:00pm PST
. there are theories put forward by many democrats that john boehner would not put any type of tax vote that would inflame his cause cuss, inflame conservatives around the country until after that gavel is safely in his hands when the new congress is sworn in on january 3rd. so things are still very much up in the air. we do know they will technically be going over that cliff at midnight tonight because the house and the senate for that matter have not voted on anything, and there is no handshake agreement that we are aware of on the totality of a deal, chris. >> if you could stand by, mike, i also want to bring in kristin welker who is at the white house and get a gauge of the mood there and what they think the next step is here. >> reporter: well, chris, they continue to say that they're optimistic, but, of course, they have been saying this all day and as mike points out, until there is a final deal, there is no deal. so they are hoping that through their conversations, they say they have been working the phones all day long. of course, the president, vice president, who has been dee
MSNBC
Dec 31, 2012 10:00am PST
weekend. president obama went on "meet the press" to call out mcconnell and house speaker john boehner over tax hikes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to know that taxes should go up as part of an overall deficit reduction. >> a health scare for hillary clinton. new details as the secretary of state undergoes treatment for a blood clot in a new york hospital. >>> ringing in the new year. from sydney to new york city. the world turns the page to 2013. good day. i'm chris live in washington in for andrea today. deal or no deal? as vice president joe biden and senate republican leader mitch mcconnell continue negotiations, we just have learned that president obama will speak about the fiscal cliff at 1:30 p.m. eastern time. with all that happening, let's get right to our daily fix. nbc's kelly o'donnell on capitol hill, nbc's kristen welker at the white house, and jonathan capehart, washington post editorial writer and my colleague and an msnbc contributor. okay, kelly. the action is on the hill where it's been for the last few days. let's sta
PBS
Dec 31, 2012 3:00pm PST
on the tax side that has no spending cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts, so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no spending cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd, you're saying as we sit here this evening, we're hearing there may be a senate vote tonight, the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families, dividends would go up, the estate tax part of it. what is important is the one year extension on unemployment benefits. there are 2 million people set t
FOX News
Dec 30, 2012 9:00pm PST
blaming them. and speaker john boehner saying he should spend more time negotiating, why are you on tv while mitch mcconnell is working with harry reid to troy to get a deal. the president's point was if they do not make any progress on bipartisan talks in the senate since the clock is running out he wants a straight up and down vote on the senate on his fallback level. put it go in the $250,000 a year and extend unemployment benefits for 2 million americans americans americans, dana. >> this is bob beckel. are you done? >> i had a great question, but age before beauty. >> a lot of age and no beauty. >> what? >> ed, truth be known, and we see this fiscal cliff and the calamity of the day on january 1st, tonight is true the white house dot much care if they get it on the first or the fifth? >> reporter: you're right, with withholding, some people will not feel the effects of a tax increase the first couple of days, you might have time to finagle that, the treasury department has that authority. the fact of the matter, what they're more nervous about in the white house and republicans
CNBC
Dec 31, 2012 1:00pm EST
effect force john boehner to put it on the floor in which parties tell me it would pass. >> that is then the critical issue, is it not? we heard earlier on with the deputy for dop in the house is a must. details are in private and no one was talking to them. would the deal get passed in the house? >> i think it could. we have been talking to republicans who say they think a deal from the senate will pass in the house but pass with democratic and republican votes. he think speaker boehner will put it on the floor and folks are telling me that but that said, you never know until you know and that's why they have the whip operations. they are counting nos very carefully to find out how many liberal democrats and republicans they can lose on either side to have coalition votes in the middle. that's the real trick. some have been optimistic that this deal will pass and you know, as long as it is within the contours that people are expecting at there point. >> okay. reminder for those of you just tuning in. we are waiting for a live press conference by president obama as we begin to get detail
MSNBC
Dec 31, 2012 1:00pm PST
still some time. it's going to be a push for john boehner to get this by his members. even if it comes out of the senate with 70 or so votes, it's not a layup in the house by any means. >> right. mike viqueira, luke russert, thank you, gentlemen. >> take care. >>> while a deal on tax rates appears to be close, the issue of spending cuts is far more contentious as the president illustrated with a few choice words today. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone, and you hear that sometimes coming from them, sort of after today we're just going to try to shove only spending cuts down -- well, shove spending -- [ laughter ] shove spending cuts at us. if they think that's the formula for how we're going to solve this thing, then they've got another thing coming. >> i wanted to bring in democratic congressman john larson of connecticut with us from capitol hill. thanks for coming in. >> happy to be here. >> i want to talk spending in a moment but, first, what's your reaction to the parameters of a tax deal, a hike on incomes mo
CNN
Dec 31, 2012 1:00am PST
strong hand to play, if it's a deal john boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral or not favorable, his chances will be a lot slimmer. >> lisa desjardins following the fiscal cliff negotiations on capitol hill. do you have any good news for us, lisa? >> reporter: the news is a little better than it was earlier today. we know negotiations are still happening. there was a point today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out
FOX
Dec 30, 2012 10:00pm EST
the outlines of a deal can be between those two principals. then again, we have john boehner, speaker of the house, has to control his own republican party. what happens if mcconnell and biden create a minimal deal and boehner can't sell it, then we're back to square one, which is failure. >> right. which boehner couldn't do with his plan b a couple of days ago. >> that's right. >> the question is, if some deal should be reached, i'm not expecting something that's overreaching, something large, is it short-term? >> very short-term. and then i'm sorry to be the dispenser of bad news, we have the whole fiscal cliff again with the fiscal reputation in terms of the borrowing maximum, the ceiling, which will come due in about a month where they have to raise the debt ceiling. you remember the president said, i'm not going to play that game anymore. unfortunately, he's going to play that game. so we'll have crisis number two, even if they solve this mini crisis today, or tomorrow. >> this white house fallback deal that senator reid is talking about pushing, if it comes to that, talk a littl
FOX
Dec 30, 2012 6:00pm PST
revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promised the american people. we've been reasonable and respondent. the president is the 1 who's never been able to get to yes. >> what i ran on and what the american people elected me to do was to put fourth a balanced approach. >> despite the ongoing blame game, there is consensus on 1 thing, time is running out. >>> a teenager driver led to the crashed into a concord funeral home this afternoon and police suspected damage was the result of a straight race. it happened around 2:00 this afternoon, during a service. >> all i can tell you is when it happened i turned around, the car was feet from both of us. >>> dave is at the scene right now. coming up at 630, she'll bring us a live report on what happened and what police are learning. >>> and it was a very cool you but dry day around the bay area. now with a look at how chilly it could get overnight. >>> the coolest locations will be in the upper 20s, so once again, frost
CNBC
Dec 31, 2012 6:00am EST
might lose some democrats on it, i think then it would be very difficult for john boehner on the last day to keep that off the house floor. john boehner has followed what denny hastert used to impose as the majority of the majority rule. you don't bring something to the floor unless most of your members are for it. i think john boehner in this case would be willing to set that aside. he would have something else for his members to vote for, which would be more favorable to those die hard conservatives who oppose the deal, but i think he would put it on the floor and i think eld pass. >> joining us now on the set is republican congresswoman shelly moore-capito and democratic congressman greg meeks from new york. congresswoman, i think he could do that and bring it and still be fine on january 3rd. is that your view? he would be re-elected speaker. >> i think he's going to be re-elected speaker, regardless. but i think there is a will in our conference, in the republican conference, to act, to have something on the floor to react to. i would say that it could be that it comes back
NBC
Dec 31, 2012 5:00am EST
a result here. >> i think it has been hard for john boehner and mitch mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit. >> yesterday it was republicans waiting on democrats for a counter offer. >> mitch mcconnell called the vice president for help. lawmakers will scrambled into the final hours. republicans will likely push for reforms they give up this time around on the debt limit debate in the new year. danielle leigh, wbal-tv 11 news. >> maryland could be hard hit if america goes off the fiscal cliff. >> kim dacey is live with the details. good morning. >> we have a lot of federal workers and businesses that rely on the federal government. some say it would affect maryland more so than in other states. there was a report that estimates just how adverse the impact would be. researchers estimate maryland would lose $117 million in federal funding next year. the greater impact could be a huge hit in income tax revenue. the state will lose about $260 million in 2013. at least 53,000 full and part- time jobs would be lost in 2013. >> i hav
CSPAN
Dec 31, 2012 7:00am EST
been able or willing to do. the vote john boehner schedule and had to cancel is evidence of that in the present cost mind -- in the president's mind. we have part of what speaker boehner said. "the comments today are ironic as a recurrent theme was his unwillingness to stand up to anything in his own party. from the republican side of the aisle and speaker boehner, where are things at the moment? guest: the speaker had been hoping there would be a larger deal. the president was ready to move forward on in the time they had in front of them. this was in vision at one point to be the grand bargain which would incorporate in atomic reform and all sorts of budget cuts. changes to the tax rates. unemployment benefit changes. going all the way through to the debt ceiling being raised as part of it as well. that was not something that was ever really where things were headed by the time the negotiations got started. for speaker boehner, he wants to see the spending cuts that would go along with them. he does not feel the president has put forward enough of a plan to where the spending woul
MSNBC
Dec 31, 2012 6:00am PST
. a huge moment before the holidays where john boehner was unable to bring his bill up. what is the mood in the house, both democrats and republicans? are you guys just playing wait-and-see? do you have an expectation that if the senate passes something, the house is at least going to take it up? >> well, that has to happen, as you just said, in order to get this done. the house not only would have to take up an agreement that came out of the senate, obviously, we'd need a majority vote, republicans joining with democrats to get something done, which is why as the senators and the white house negotiate this deal, they do have to keep an important eye on the house, because ultimately, you're going to have to have people come together in a bipartisan way to get this done. you're not going to be able to get an agreement passed with just republicans. and so, it's important that they keep in mind the coalition of democrats and republicans that will have to come together to vote for something. >> now, congressman, obviously, let's say something passes through the senate. the guess would b
ABC
Dec 31, 2012 5:00pm EST
joins us live from capitol hill. john boehner is telling members to stick around tonight. >> earlier, it looks like the house would not vote tonight so we would be falling off the fiscal cliff. all along, the house has said they will not act until the senate comes up with the compromise. it looks like
FOX News
Dec 31, 2012 10:00am PST
from us not to expect to hear from the speaker of the house john boehner after we hear from the president at 1:30pm. speaker boehner tried to put plan b of his own on the table and ended up not having the republican support for it, so he pulled back. as business watches these negotiations take place, and we heard from senator thune in mike emanuel's report a minute ago what is the reaction of the business community at this function that is on display in our nation's capitol. >> despair, anger frustration. if you go forward into 2013 not addressing spending, in fact the president wants to raise spending on struc infrastructure you go forward into next year doing that with tax increases on upper income people and some small business owners you will slow the economy down. business does not want a slower economy, it wants a more rapid rate of growth. the reaction from business to the kind of deal that seems to be shaping up, and i say that very reserved lee, their reaction istep eud at best, ev is t *erbgs pid at bess even though you have a modest rally a couple of seconds after the
CNN
Dec 31, 2012 2:00am PST
it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner can accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if earn he's not neutral or favorable, his chances will be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest
FOX News
Dec 31, 2012 8:00am PST
failed to get a grand bargain. john boehner was unable to pass his plan b debt reduction bill and they decided to go in another way. boehner said let's see what the senate can do. we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank you so much for joining us. >> thank you. gregg. jon: a new report on the terror attack on our consulate in libya. who they are blaming for the deaths of four americans including our ambassador. a french court says goodbye to that country's controversial 75% tax rate on the wealthy. don't you wish you were living in france? what that means for the socialist government of that country as it vows to continue squeezing the rich. n
CNN
Dec 30, 2012 4:00pm PST
cynical that john boehner would put forward this plan "b." it sort of showed a lack of faith in his negotiations with the president but he put forward a plan that would increase taxes on those earning a million dollars or more per year and grover norquist to whom everybody has signed this pledge, this never increase taxes pledge, actually looked it over and said, that's all right. i can live with that. so he gave these republicans cover to vote in favor of this thing, and they didn't. what on earth is going to make these hard line conservatives happy? >> a lot of them just don't want to in good conscience vote for a tax increase on anybody, and i respect that. i think if you get a deal, ali, you're probably going to get a deal where nancy pelosi and the house is going to have to produce a hundred or so votes from her caucus because you probably got at least 50 house republicans who just don't want to vote for any tax increase. you could possible that kind of deal together and if there's any chance of this getting done, it will be that kind of deal where you get 70 votes in the senat
MSNBC
Dec 30, 2012 5:00pm PST
mitch mcconnell and speaker john boehner who, so far, have shown little interest in standing up to the strident elements of their party. michael, good evening. >> good evening. >> you heard about this recently about this moment of truth for republicans. what do you see as the dynamic that's going on right now? >> well, let's put it like this. after the election, and barack obama won re-election pretty handily, as it turned out, after the republicans threw everything they had at him, after mcconnell said his top priority, as barney frank mentioned a few moments ago was to make barack obama a one-term president, wasn't to fix the economy, it was to make barack obama a one-term president, obama took all of that, he won. there was a sense in washington, among some people, i guess, i would call them sort of naive people, that the republicans might have learned something from that and might come to the table. but i'm afraid that, chris, they've learned precisely the opposite, that they're just going to double down in their opposition and that's what we're seeing so far with the failure to ha
NBC
Dec 31, 2012 6:00pm EST
looks close, but not close enough. steve handlesman reports on how house speaker john boehner will. >> reporter: john bain ircould change his mind, but unless he does and allows a vote, america goes off the fiscal cliff surrounding himself with middle-class americans, president obama had sounded optimistic this afternoon. it's not done. >> reporter: sources say taxes would rise on income over 4 to 500,000. a big win -- >> keep in mind just last month republicans in congress said they would never agree to raise rates. obviously the agreement is currently being discussed would raise those rates and raise them permanently. they made the president promising tax hikes above 250,000. not 450. >> well, i just think that's grossly unfair. >> a hangup -- democrats want a two-year postponement, covered by the new tax hikes. the president scoffed at republican demand for deeper spending cuts. >> shove only spending cuts down -- well -- shove -- shove spending cuts at us. >> reporter: so much for winning gop allies. >> laughs and jokes and ridicules republicans. why? >>> a bigger question is,
CNBC
Dec 31, 2012 9:00am EST
under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions that's unresolved here was raised on a conference call with ceos arranged by the white house on friday night, on that white house conference call with ceos. one of the ceos asked tim geithner, i'm told by a participant on the call, whether a small deal would be enough to are prevent ratings agencies to downgrade u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'll have 30 days from now, 45 days from now, eamon. it doe
NBC
Dec 31, 2012 4:00pm EST
? >> reporter: another question -- will speaker john boehner permit a house vote to hike taxes? if most of his reps will vote no. whatever happens before midnight or doesn't happen. this partisan war on taxes and spending is sure to continue into 2013. i'm steve handelsman, news4, capitol hill. >>> many investors are known for their averse to uncertainty. wall street is closely watching developments on capitol hill. brian sullivan is the coanchor of "streets signs" on cnbc and he's joining us with the latest. hi, brian. >> how are you doing? >> how are protracted negotiations affecting the markets so far? >> it is markets are closing out the year with a high note however, just moments ago cnbc report john harwood at the white house said his sources tell him there will be no vote tonight. so even if we get a deal, it looks like the deal will not be made before the new year, so technically we are going to go over the fiscal cliff, but if we get a deal in the next couple days, everything could be made retroactive. they remayes optimistic a deal will be reached. indeed dow jones industrial ave
ABC
Dec 30, 2012 11:00pm PST
taxed. >> the current budget negotiations between president obama and house speaker john boehner also could mean the reduction of the popular deduction for charitable contributions. >>- q. i if it came to the poi -- >> if it came to the point where i wasn't receiving my credit for helping out a charity or even helping them out in their situation, then why would i even help them out? >> statements like that that has the chief executive officer of the united way of the bay area and other nonprofits fighting to obtain charitable deductions. >> it would be a mistake to think thereth was only a benefit for high income people. 24r* are many, many donors who itemize their taxes, and they take advantage of the charitable tax deduction and these include middle income people. >> also on the table is the possible elimination of the mortgage deduction. >> if that were to happen eventually, i think that is something that had to be phased out over a really long period of time. >> i think it encourages people to buy house versus rent it. if they willower the mortgage rate day -- deductions people wi
FOX
Dec 31, 2012 5:00pm EST
supposed modified deal has to g through the house, let's see iff john boehner meets up with the same problem he had before when, you remember, plan b, which wass just a charade, but now it'sit' serious, and if he can't evenen control his own ranks, then itth will be passed with break awayaw republicans and all the democrats. >> i know we will stay on top ot us.op. >> i'm not leaving. >> stay right in your seat! we'll see what details happen between now and the next, oh, 6, minutes. we'll talk to you again in a few minutes and find out, get yourur perspective on the very latest. thank you. >>> lightening the mood, the other big story, the redskins are the nfc east champions and c they are heading to the play-offs after beating the cowboys in a thrilling show-down. now the redskins are gearing up to go head to head at home against the seattle seahawks.se scott joins us live from redskins park in ash burn with the highlights and a look ahead. >> reporter: on this day, in the last four years, lockers will bi getting cleaned out, vacationato plans would be gettingget finalized, but not to
FOX News
Dec 30, 2012 10:00pm PST
has stayed above the frey? >> he took a shot at john boehner on meet the press. presidential leadership trying to get the deal done doesn't take the political shots even when they are easy because you are trying to get the deal done. the big deals don't happen without presidential leadership. this is good politics but it's not good policy. it may be good politics makes bad policy. >> isn't the problem ultimately spending? the busheir raw tax cuts. some say it is going to come. covered it about a week with the budget we have. isn't the problem spending. aren't they identifying what we need to cut, dowling. >> i think it's both. i think it's revenue and spending. rep republicans are low to raise revenue and republicans slow to cut programs. i think the issue is a balanced approach like simpson where you raise ed one-quarter of the revenue you reform medicare and medicaid and you take on the military. if you do that in a balanced way but neither side is talking that way and it leaves us the american people at risk. >> at least the house is doing something. the senate hasn't done
MSNBC
Dec 31, 2012 11:00am PST
. >>> speaker john boehner got a standing ovation from house republicans this weekend and first meeting of house gop leaders since the failure of plan "b" vote and he said he appreciates all notes of support he's received. >>> starbucks is continuing a campaign to help congress reach a deal. they asked d.c. area barristas to write "come together" on coffee cups. those are the things we just thought you should know. >>> well, time now for the "news nation" "gut check." there's no deal yet to prevent the country from going over the so-called fiscal cliff. income tax rates rise on everybody, also going up, payroll taxes, capital gains, dividends, estate and gift taxes. 27 million more people paying the alternative tax. $110 billion in spending cuts going in to effect, unextended unemployment benefits expiring and payments to medicare go down. what does your gut tell you? are you worried about what will happen tonight? go to facebook.com/newsnation to vote. >>> and take a look at what the "news nation" is saying about yesterday's "gut check." do democrats and republicans want to go off the
FOX Business
Dec 31, 2012 5:00pm EST
minute, this happened two years ago when the president was dealing with john boehner but at the last minute said no ski questions operation. all spending cuts off the table? is that accurate? would the president take blame for pushing us off the cliff? >> well, it was apparently, from the white house, by joe biden, the vice president has been negotiating and the story according to our producers up on the hill there was an agreement to try to deal with the sequestration by having both the democrats and republicans make their own proposals that could be considered and voted on. adam: peter this, is urgent. this is just crossing right now. republican u.s. senator john mccain says automatic spending cuts to be delayed for two months under tentative fiscal cliff deal. that would seem to me we're going to get a vote at some point this evening on the tax portion with the delay. we get it in the senate and then it would move to the house and latourette is saying house members have been told to stay close. they may be called back to continue fiscal cliff negotiations. >> yep. you have go
FOX Business
Dec 30, 2012 11:00pm EST
issue, tax cuts. lou: there has been no talk of growth in this economy. john boehner, the republican leadership, those who are leaving the party, there has been no talk there willbe no ta hikes. unwilling and unable erhaps, for what will ensue of the fiscal cliff. but the fact is that we are looking at a real prospect that the republicans will be held responsible and must plan be actually has the effect of shifting some of the responsibility to the president read what you think are the odds? >> i think he will be held responsible for the economy in 2013 and 2014. you cannot blame george w. bush anymore. they control the senate. it is their economy for sure. so i think that you're going to see a real problem in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i s
CNN
Dec 31, 2012 9:00am PST
significant bipartisan majority in the senate. the house speaker john boehner suggested at the white house meeting the other day that whatever passes the senate he would allow to come up for an up or down vote in the house of representatives. if he allows that to happen and the democrats are on board, there will be a need for some republicans to join those democrats in the house and pass it, and then the president would sign it into law. my expectation is that that would probably happen and there would be enough republicans to join democrats. yes, there would be some liberals on the democratic side and a lot of conservative it is on the republican side would vote nay, but there would be 218 votes in the house of representatives to pass it. then the president would sign it into law. it might not happen today. it could happen tomorrow. let's see what happens. i think there will be the votes, assuming the leadership's on board. >> all right. could you a lot of fast-moving parts that happen. wolf, thank you very much. we'll take a quick break. we're waiting for the president to speak the
NBC
Dec 31, 2012 5:00pm EST
done, the tax part. that could get scuttled by the other half, the spending part. john boehner could change his mind, but unless the house speaker does, and allows a vote on the deal still being worked out, america goes off the fiscal cliff. surrounding himself with middle- class americans, president obama had sounded off this afternoon. >> it appears that an agreement to prevent this new year's tax hike is within sight, but it is not done. >> sources say taxes would rise on income over $500,000, which the president sees as a big win for him. >> just last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. obviously the agreement that is currently being done would raise those rates and raise them permanently. >> some democrats did not applaud. agreedid the president's to raise rates on those making over $250,000, not four hundred thousand dollars. >> democrats won a two-year postponement, with costs covered by new tax hike. the president scoffed at republican demands for deeper spending cuts. >> shove spending cuts at us. >> so m
ABC
Dec 31, 2012 2:00am PST
negotiations between president obama and house speaker john boehner also could mean the reduction of the popular deduction for charitable contributions. >>- q. i if it came to the poi -- >> if it came to the point where i wasn't receiving my credit for helping out a charity or even helping them out in their situation, then why would i even help them out? >> statements like that that has the chief executive officer of the united way of the bay area and other nonprofits fighting to obtain charitable deductions. >> it would be a mistake to think thereth was only a benefit for high income people. 24r* are many, many donors who itemize their taxes, and they take advantage of the charitable tax deduction and these include middle income people. >> also on the table is the possible elimination of the mortgage deduction. >> if that were to happen eventually, i think that is something that had to be phased out over a really long period of time. >> i think it encourages people to buy house versus rent it. if they willower the mortgage rate day -- deductions people will think twice. >> it is a good
MSNBC
Dec 31, 2012 7:00am PST
need john boehner to agree and house republicans to agree to bring it up in the same version or very similar version and i think the hurdles that have prevented us from getting a deal for two years are still there. so, i mean, we'll see what the next 14 hours brings but i wouldn't be too optimistic. >> if the senate does manage to hammer out a deal what are the chances the house will go along? you heard what chris van hollen said about an hour ago. >> note he said he thinks there are about two dozen republicans. you'll need closer to 40 republicans at least to push this over the 218 threshold. the problem with that is as tom cole the republican in oklahoma told me yesterday, he said, look. where are you going to find 40 republican house members who are willing to vote for something? if eric cantor and john bainer and kevin mccarthy don't like it, who is going to buck leadership and vote with democrats on something like this? he said, if there is at least lukewarm support from republican leaders you're likely to see more than 40 house republicans vote for it and it should pass pretty
KRON
Dec 30, 2012 8:00pm PST
: following the president's interview, speaker of the house john boehner issued a statement saying in part: "republicans made every effort to reach the 'balanced' deficit agreement that the president promised the american people.we've been reasonable and responsible. the president is the one who has never been able to get to 'yes.'" >>> "what i ran on, and what the american people elected me to do, was to put forth a balanced approach." >> reporter: despite the on- going blame game, there is consensus on one thing: time is running out. i'm elizabeth corridan reporting. r as the fiscal cliff deadline ticks down -- you might wonder we got into the situation in the first place. tonight at 8-30 -- an in depth look on that. >>> the 49ers --- nfc west champions for a second year in a row. they beat the arizona cardinals 27 - 13, in their final game of the regular season. the niners now looking ahead to the playoffs -- and thanks to a loss by green bay -- the team is getting a first round bye! as you can imagine -- lots of excited fans around the bay area tonight. kron4's scott rates was on the s
FOX News
Dec 31, 2012 6:00am PST
lead in these talks whether the president and speaker john boehner couldn't cut a deal. mccan nell says he wants to reach agreement. and california senator dianne feinstein says failure is not an option. >> the danger to our people, to our military, to our nation's security. to our economic base is just too great not to have a solution. so, you know, what makes this government work is compromise. when you don't compromise there is stasis. we have had enough of that for too long. >> reporter: the president says if biden and mcconnell can't cut a deal the senate will vote on extending tax cuts for families making less than $250,000 a year and basically force republicans to go the politically risky route voting against it, gregg. gregg: essentially that means taxes are definitely going to go up? >> reporter: it seems the only question is the income cuttoff. now vice president biden is said to be about 100,000 a year apart. biden is willing to preserve tax cuts for families making up to $450,000. mcconnell holding out for $550,000. a year. south carolina senator lindsey graham is not h
CNN
Dec 31, 2012 6:00am PST
joe biden will see his pay jump from $225,000 to nearly $232,000 a year. house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate minority leader mitch mcconnell talked through the night and vow to keep these negotiations going on today. the gridlock in washington could also hold up your tax refund. you might have to wait until late march to file if congress does not approve a short-term fix for the alternative minimum tax in the next few days. same issue two years ago delayed the opening of tax season by four weeks to mid-february. >>> former president george h.w. bush is still in a houston hospital but no longer in intensive care. bush was moved to regular patien
CSPAN
Dec 31, 2012 12:30am EST
it got stuck, so senator inhofe and i and senator reid went over to meet with john boehner and chairman mica and we all agreed we'd get it done. neither side got everything they want and anyone who takes that position in my opinion is not putting country first. i don't care whether they are republican, a democrat, or anything else. we are not each of us going to get everything we want. lord knows. there's a lot i could do if i had a wand and could make it happen. but everybody has a different view of exactly how to go forward and i think we're being tested here. so i know it's tough going, and i know if we don't get a deal, it doesn't stop there, we'll keep on working. but there is no reason on this beautiful god's green earth why we can't get a deal here. if everyone is sincere in saying they want the middle class could be protected, we can get a deal here. president obama says $250,000 is the line, maybe i think $350,000 is the line, maybe someone else $500,000, maybe somebody else $150,000. we can meet somewhere and cut that reason somewhere in the middle. and save this coun
MSNBC
Dec 31, 2012 9:00am PST
, right-wing fall to get rid of john boehner. they don't have the votes to get rid of him. >> he is still going to be speaker. >> even if he passes with democratic votes, fine. so he passes it. here's the problem. what i don't understand is that everyone is screaming about deficit reduction. don't forget who asked and demanded for deficit reduction. when i talked to a capitol hill staffer, here's what he said. he said -- this is very important -- "if it's a status quo election some kind of deal that staifz off sec quest rags. >> the republicans. >> i have to say it, it is the republicans that the point that are arguing against deficit reduction. they want to cancel the see quester, which is military spending cut. >> only on their terms. >> they would like spending cuts, but they would like -- they won't be ebbing mrift about exactly how do do it. >> i want to give luke the last word on this. >> is there a chance? just your kind of read on the final word on this, do we end today with some kind of a deal, or do they punt this and try to do it before january 3rd or not at all, just go
FOX News
Dec 31, 2012 3:00am PST
speaker john boehner hit a wall and while they didn't reach a deal yesterday, there was movement on the income level they're willing to protect from tax hikes and other levels. mr. obama, on an interview on "meet the press" was cautiously opt missic. >> i'm confident that one of two things will happen when it comes to the fiscal cliff. one, we'll see an agreement within the next 48 hours in which case middle class taxes will not go up. if that doesn't happen, then democrats in the senate will put a bill on the floor of the senate and republican also have to decide if they're going to block it. >> biden and mcconnell are said to be only about $100,000 apart on where the bush era tax cuts would expire with the republican pushing for $550,000 a year. democrats offering a 450,000. biden stowed have given up his push to raise the estate tax. democrats are trying to delay spending cuts until 2015 and republicans are demanding more spending cuts to offset extended unemployment benefits and farm subsidies. lot of ground to make up. but mcconnell says his decision to reach out to biden was a goo
FOX
Dec 31, 2012 6:00am PST
than 20 years. if they can come up with terms that pass the senate house speaker john boehner says they will take up the bill and either pass it or amend it and send it back for approval. >> any time you are putting a deal together, it's always the details that will kill you. you have to get the details done. there is a lot of back room operation going on right now. making sure all the i's get dotted and t's get crossed. >> congress has less than 15 hours to come up with a compromise and sweet on it. live in washington kyla campbell. >>> meantime with all the focus on that fiscal cliff there is a new bill to preconvenient the so-called dairy cliff on the back burner. leaders in the house and senate agricultural committees agreed to a one-year extension of the expiring u.s. farm bill. so far no house vote is scheduled. without matting that bill, the price of milk could double next month. estimates are ha gallon of milk could go up to $8 a gallon. >>> it is 6:15. a new u.s. senate report on the attack on the u.s. consulate in benghazi blames the state department for not having a plan
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